Ayman M. Tamer, Chairman and Managing Partner of Tamer Group talks about doing business in Saudi Arabia.
He says, "Business in every part of the world is challenging. Saudi Arabia is ranked 24 in The Global Competitive Index prepared by the World Economic Forum, next to Australia and France.
I am very proud to see the keen efforts to improve the overall business support in the region from both public and private sectors. Recently, Saudi Arabia introduced many legislations facilitating doing business. In theSaudi businessmen council formed by the Advisor to the King and Governor ofMakkah region HRHPrinceKhaled Al Faisal, he announced that he will be setting up a committee under the Governerate‘s supervision whose primary goal is to adopt and/or nurture and/or support in facilitating execution of such projects. Therefore, it will become more interesting to invest locally, develop the infrastructure and services in the region and I believe we could see better returns in the area. The businessmen may obtain better profit here than abroad while serving their country."
Full transcript: http://www.marcopolis.net/tamer-group-discusses-pharmaceutical-industry-economy-and-doing-business.htm

Ayman M. Tamer, Chairman and Managing Partner of Tamer Group talks about family business and the group.
He says, "Family businesses here are like family businesses anywhere else. I have joined the World Economic Forum’s Family BusinessCommunity. I have been fortunate to spend time with other family business owners from other parts of the world. Basically we all face the same issues, responsibilities and challenges. A family business should cover human resource development, corporate social responsibility, managing the wealth and assets of the family, managing the operations efficiently and finally succession planning, which is the biggest challenge.
Accordingly to the World Economic Forum, Family businesses are major contributors to the global economy, creating an estimated 70-90% of global GDP. As such, the family business sector’s ability to grow and thrive is vital to the long-term health of the global economy.
By 2025, 7,000 new companies of significant size will have been created. 80% of these will in emerging markets, to include India, Brazil, China, Saudi Arabia etc, and 80% of those will be family businesses."
Full transcript: http://www.marcopolis.net/tamer-group-discusses-pharmaceutical-industry-economy-and-doing-business.htm

published:28 Jul 2015

views:2554

READ MORE: http://www.farmersjournal.ie/how-almarai-produces-1-billion-litres-of-milk-from-75-000-dairy-cows-in-the-saudi-arabian-desert-148989/
A desert land in Saudi Arabia with temperatures frequently over 45 degrees celsius where you will find one of the largest and most impressive dairy operations in the world.

Corporate group

A corporate group or group of companies is a collection of parent and subsidiary corporations that function as a single economic entity through a common source of control. The concept of a group is frequently used in tax law, accounting and (less frequently) company law to attribute the rights and duties of one member of the group to another or the whole. If the corporations are engaged in entirely different businesses, the group is called a conglomerate. The forming of corporate groups usually involves consolidation via mergers and acquisitions, although the group concept focuses on the instances in which the merged and acquired corporate entities remain in existence rather than the instances in which they are dissolved by the parent. The group may be owned by a holding company which may have no actual operations.

In Germany, where a sophisticated law of the "concern" has been developed, the law of corporate groups is a fundamental aspect of its corporate law. Many other European jurisdictions also have a similar approach, while Commonwealth countries and the United States adhere to a formalistic doctrine that refuses to "pierce the corporate veil": corporations are treated outside tax and accounting as wholly separate legal entities.

Saudi Arabia

Saudi Arabia (i/ˌsɔːdiːəˈreɪbiə/, i/ˌsaʊ-/), officially known as the Kingdom of Saudi Arabia (KSA), is an Arab state in Western Asia constituting the bulk of the Arabian Peninsula. With a land area of approximately 2,150,000km2 (830,000sqmi), Saudi Arabia is geographically the second-largest state in the Arab world after Algeria. Saudi Arabia is bordered by Jordan and Iraq to the north, Kuwait to the northeast, Qatar, Bahrain, and the United Arab Emirates to the east, Oman to the southeast, and Yemen to the south. It is the only nation with both a Red Sea coast and a Persian Gulf coast, and most of its terrain consists of arid inhospitable desert or barren landforms.

The area of modern-day Saudi Arabia formerly consisted of four distinct regions: Hejaz, Najd, and parts of Eastern Arabia (Al-Ahsa) and Southern Arabia ('Asir). The Kingdom of Saudi Arabia was founded in 1932 by Ibn Saud. He united the four regions into a single state through a series of conquests beginning in 1902 with the capture of Riyadh, the ancestral home of his family, the House of Saud. The country has since been an absolute monarchy, effectively a hereditary dictatorship governed along Islamic lines. The ultra-conservative Wahhabism religious movement within Sunni Islam has been called "the predominant feature of Saudi culture", with its global spreading largely financed by the oil and gas trade. Saudi Arabia is sometimes called "the Land of the Two Holy Mosques" in reference to Al-Masjid al-Haram (in Mecca), and Al-Masjid an-Nabawi (in Medina), the two holiest places in Islam. The Kingdom has a total population of 28.7 million, of which 20 million are Saudi nationals and 8 million are foreigners.

Arabian Peninsula

Arabian Peninsula, simplified Arabia (Arabic:الجزيرة العربية‎al-jazīra al-ʿarabiyya, « Arabian island ») is a peninsula of Western Asia situated north-east of Africa on the Arabian plate. From a geological perspective, it is considered a subcontinent of Asia.

Osama bin Laden

Osama bin Mohammed bin Awad bin Laden (/oʊˈsɑːməbɪnmoʊˈhɑːmᵻdbɪnəˈwɑːdbɪnˈlɑːdən/; Arabic:أسامة بن محمد بن عوض بن لادن‎, usāmah bin muḥammad bin 'awaḍ bin lādin; March 10, 1957 – May 2, 2011) was the founder of al-Qaeda, the organization that claimed responsibility for the September 11 attacks on the United States, along with numerous other mass-casualty attacks against civilian and military targets. He was a Saudi Arabian, a member of the wealthy bin Laden family, and an ethnic Yemeni Kindite.

Bin Laden was born to the family of billionaire Mohammed bin Awad bin Laden in Saudi Arabia. He studied at university in the country until 1979, when he joined mujahideen forces in Pakistan fighting against the Soviet Union in Afghanistan. He helped to fund the mujahideen by funneling arms, money and fighters from the Arab world into Afghanistan, and gained popularity among many Arabs. In 1988, he formed al-Qaeda. He was banished from Saudi Arabia in 1992, and shifted his base to Sudan, until U.S. pressure forced him to leave Sudan in 1996. After establishing a new base in Afghanistan, he declared a war against the United States, initiating a series of bombings and related attacks. Bin Laden was on the American Federal Bureau of Investigation's (FBI) lists of Ten Most Wanted Fugitives and Most Wanted Terrorists for his involvement in the 1998 U.S. embassy bombings.

Doing business in Saudi Arabia: Tamer group perspective

Ayman M. Tamer, Chairman and Managing Partner of Tamer Group talks about doing business in Saudi Arabia.
He says, "Business in every part of the world is challenging. Saudi Arabia is ranked 24 in The Global Competitive Index prepared by the World Economic Forum, next to Australia and France.
I am very proud to see the keen efforts to improve the overall business support in the region from both public and private sectors. Recently, Saudi Arabia introduced many legislations facilitating doing business. In theSaudi businessmen council formed by the Advisor to the King and Governor ofMakkah region HRHPrinceKhaled Al Faisal, he announced that he will be setting up a committee under the Governerate‘s supervision whose primary goal is to adopt and/or nurture and/or support in facilitating execution of such projects. Therefore, it will become more interesting to invest locally, develop the infrastructure and services in the region and I believe we could see better returns in the area. The businessmen may obtain better profit here than abroad while serving their country."
Full transcript: http://www.marcopolis.net/tamer-group-discusses-pharmaceutical-industry-economy-and-doing-business.htm

9:00

Oxford Business Group Live interview The Report Saudi Arabia KSA 2. 1 out of 7

Oxford Business Group Live interview The Report Saudi Arabia KSA 2. 1 out of 7

Oxford Business Group Live interview The Report Saudi Arabia KSA 2. 1 out of 7

Family business in Saudi Arabia: Tamer Group

Ayman M. Tamer, Chairman and Managing Partner of Tamer Group talks about family business and the group.
He says, "Family businesses here are like family businesses anywhere else. I have joined the World Economic Forum’s Family BusinessCommunity. I have been fortunate to spend time with other family business owners from other parts of the world. Basically we all face the same issues, responsibilities and challenges. A family business should cover human resource development, corporate social responsibility, managing the wealth and assets of the family, managing the operations efficiently and finally succession planning, which is the biggest challenge.
Accordingly to the World Economic Forum, Family businesses are major contributors to the global economy, creating an estimated 70-90% of global GDP. As such, the family business sector’s ability to grow and thrive is vital to the long-term health of the global economy.
By 2025, 7,000 new companies of significant size will have been created. 80% of these will in emerging markets, to include India, Brazil, China, Saudi Arabia etc, and 80% of those will be family businesses."
Full transcript: http://www.marcopolis.net/tamer-group-discusses-pharmaceutical-industry-economy-and-doing-business.htm

5:06

Almarai Al Badiah farm in Saudi Arabia

Almarai Al Badiah farm in Saudi Arabia

Almarai Al Badiah farm in Saudi Arabia

READ MORE: http://www.farmersjournal.ie/how-almarai-produces-1-billion-litres-of-milk-from-75-000-dairy-cows-in-the-saudi-arabian-desert-148989/
A desert land in Saudi Arabia with temperatures frequently over 45 degrees celsius where you will find one of the largest and most impressive dairy operations in the world.

8:29

ျမန္မာႏုိင္ငံေစ်းကြက္စီးပြားေရးလုပ္ငန္းဆုိင္ရာစိန္ေခၚမႈမ်ားရွိေနဟု Oxford Business Group

ျမန္မာႏုိင္ငံေစ်းကြက္စီးပြားေရးလုပ္ငန္းဆုိင္ရာစိန္ေခၚမႈမ်ားရွိေနဟု Oxford Business Group

ျမန္မာႏုိင္ငံေစ်းကြက္စီးပြားေရးလုပ္ငန္းဆုိင္ရာစိန္ေခၚမႈမ်ားရွိေနဟု Oxford Business Group

Saudi Bin Ladin Group Film

A Guide to doing Business in Saudi Arabia

With international business, people must learn different cultures. Here is a video that will teach you several interesting factors that you may want to keep in mind while attempting to conduct busines

4:21

Riyadh Metro Rail System - World Class Design

Riyadh Metro Rail System - World Class Design

Riyadh Metro Rail System - World Class Design

(Reuters) - The Saudi Arabian government awarded $22.5 billion in contracts to three foreign-led consortia on Sunday for the design and construction of a metro rail system in the capital Riyadh.
The project, which will involve six rail lines extending 176 kilometers (110 miles) and carrying electric, driverless trains, is the world's largest public transport system currently under development, Saudi officials said.
U.S. construction giant Bechtel Corp heads a group which won a $9.45 billion contract to build two lines, the government announced.
A consortium led by Spain's Fomento de Construcciones y Contratas (FCC.MC) won a $7.82 billion contract for three lines, while Italy's Ansaldo STS (STS.MI) heads a group that won a $5.21 billion order.
Design work will start immediately and construction will begin in the first quarter of 2014, the government said. The project would be completed in 2019.
Flush with cash after more than two years of high oil prices, Saudi Arabia is pumping billions of dollars into infrastructure projects designed to improve living standards and ease social discontent in the wake of the 2011 uprisings elsewhere in the Arab world.
Last August the government approved a $16.5 billion plan to modernize the transport system in its holy city of Mecca, including building a bus network and a metro system.
It is also building several other rail systems, including a 2,750 km line running from Riyadh to near the northern border with Jordan.
Saudi officials said Riyadh's population was projected to grow from 6 million to over 8 million in the next 10 years, making the metro vital to ease congestion and pollution in the capital's streets.
In addition to raising living standards, the government says it wants to upgrade the country's infrastructure to help the economy diversify beyond oil, making it less vulnerable to any future plunge of global oil prices.
(Reporting by Marwa Rashad, Writing by Andrew Torchia; Editing by DianeCraft)
Source: http://www.reuters.com/article/2013/07/28/us-saudi-metro-contract-idUSBRE96R0CI20130728

6:02

AEI Saudi - Doing Business in Saudi Arabia

AEI Saudi - Doing Business in Saudi Arabia

AEI Saudi - Doing Business in Saudi Arabia

AEI is a SaudiRegistered company founded as an independent ‘honest broker’. Their aim is to increase the accessibility to the Kingdom of Saudi Arabia for foreign companies. Free from political associations they support their clients to explore the Saudi market unimpeded by any influences other than their own strategy and ambition. They are not an agent, distributor or middleman but instead provide the infrastructure, services and guidance needed to succeed in what is widely recognised as a difficult yet rewarding market. Visit www.aeisaudi.com for more information.

1:35

Doing business in Saudi Arabia

Doing business in Saudi Arabia

Doing business in Saudi Arabia

Companies that do not change will cease to exist. The new regulations are getting tighter and the world is moving faster. From an investment banker perspective, I know how the transformation has been from the 90s to the last ten years. The banking sector has created a stronger and healthier environment for businesses because of the improvement in regulations and enforcement. The government facilities are trying to improve the regulations and their services including their supervision of all industries.
Badr Al-Musaibeh, CEO of Al Hammad Holding talks about doing business in Saudi Arabia.
http://www.marcopolis.net/al-hammad-group-doing-business-in-saudi-arabia.htm

Doing Business in Saudi Arabia

Infrastructure, mining, petrochemical and many other projects worth billions are planned for Saudi Arabia, and logisticians world-wide would like to be part of these opportunities. However, understanding how to do business in the Kingdom can be a challenge. Our panel of experts will offer their guidance during this unique panel.

Abdulrahman Al-Sumait honoured by Saudi business group

Family business in Saudi Arabia: Tamer Group

Ayman M. Tamer, Chairman and Managing Partner of Tamer Group talks about family business and the group.
He says, "Family businesses here are like family businesses anywhere else. I have joined the World Economic Forum’s Family BusinessCommunity. I have been fortunate to spend time with other family business owners from other parts of the world. Basically we all face the same issues, responsibilities and challenges. A family business should cover human resource development, corporate social responsibility, managing the wealth and assets of the family, managing the operations efficiently and finally succession planning, which is the biggest challenge.
Accordingly to the World Economic Forum, Family businesses are major contributors to the global economy, creating an estimated 70-90% of gl...

published: 28 Jul 2015

Almarai Al Badiah farm in Saudi Arabia

READ MORE: http://www.farmersjournal.ie/how-almarai-produces-1-billion-litres-of-milk-from-75-000-dairy-cows-in-the-saudi-arabian-desert-148989/
A desert land in Saudi Arabia with temperatures frequently over 45 degrees celsius where you will find one of the largest and most impressive dairy operations in the world.

published: 07 Nov 2013

ျမန္မာႏုိင္ငံေစ်းကြက္စီးပြားေရးလုပ္ငန္းဆုိင္ရာစိန္ေခၚမႈမ်ားရွိေနဟု Oxford Business Group

Saudi Bin Ladin Group Film

A Guide to doing Business in Saudi Arabia

With international business, people must learn different cultures. Here is a video that will teach you several interesting factors that you may want to keep in mind while attempting to conduct busines

published: 01 Apr 2015

Riyadh Metro Rail System - World Class Design

(Reuters) - The Saudi Arabian government awarded $22.5 billion in contracts to three foreign-led consortia on Sunday for the design and construction of a metro rail system in the capital Riyadh.
The project, which will involve six rail lines extending 176 kilometers (110 miles) and carrying electric, driverless trains, is the world's largest public transport system currently under development, Saudi officials said.
U.S. construction giant Bechtel Corp heads a group which won a $9.45 billion contract to build two lines, the government announced.
A consortium led by Spain's Fomento de Construcciones y Contratas (FCC.MC) won a $7.82 billion contract for three lines, while Italy's Ansaldo STS (STS.MI) heads a group that won a $5.21 billion order.
Design work will start immediately and cons...

published: 27 Aug 2013

AEI Saudi - Doing Business in Saudi Arabia

AEI is a SaudiRegistered company founded as an independent ‘honest broker’. Their aim is to increase the accessibility to the Kingdom of Saudi Arabia for foreign companies. Free from political associations they support their clients to explore the Saudi market unimpeded by any influences other than their own strategy and ambition. They are not an agent, distributor or middleman but instead provide the infrastructure, services and guidance needed to succeed in what is widely recognised as a difficult yet rewarding market. Visit www.aeisaudi.com for more information.

published: 09 Aug 2016

Doing business in Saudi Arabia

Companies that do not change will cease to exist. The new regulations are getting tighter and the world is moving faster. From an investment banker perspective, I know how the transformation has been from the 90s to the last ten years. The banking sector has created a stronger and healthier environment for businesses because of the improvement in regulations and enforcement. The government facilities are trying to improve the regulations and their services including their supervision of all industries.
Badr Al-Musaibeh, CEO of Al Hammad Holding talks about doing business in Saudi Arabia.
http://www.marcopolis.net/al-hammad-group-doing-business-in-saudi-arabia.htm

Doing Business in Saudi Arabia

Infrastructure, mining, petrochemical and many other projects worth billions are planned for Saudi Arabia, and logisticians world-wide would like to be part of these opportunities. However, understanding how to do business in the Kingdom can be a challenge. Our panel of experts will offer their guidance during this unique panel.

Ayman M. Tamer, Chairman and Managing Partner of Tamer Group talks about doing business in Saudi Arabia.
He says, "Business in every part of the world is challenging. Saudi Arabia is ranked 24 in The Global Competitive Index prepared by the World Economic Forum, next to Australia and France.
I am very proud to see the keen efforts to improve the overall business support in the region from both public and private sectors. Recently, Saudi Arabia introduced many legislations facilitating doing business. In theSaudi businessmen council formed by the Advisor to the King and Governor ofMakkah region HRHPrinceKhaled Al Faisal, he announced that he will be setting up a committee under the Governerate‘s supervision whose primary goal is to adopt and/or nurture and/or support in facilitating execution of such projects. Therefore, it will become more interesting to invest locally, develop the infrastructure and services in the region and I believe we could see better returns in the area. The businessmen may obtain better profit here than abroad while serving their country."
Full transcript: http://www.marcopolis.net/tamer-group-discusses-pharmaceutical-industry-economy-and-doing-business.htm

Ayman M. Tamer, Chairman and Managing Partner of Tamer Group talks about doing business in Saudi Arabia.
He says, "Business in every part of the world is challenging. Saudi Arabia is ranked 24 in The Global Competitive Index prepared by the World Economic Forum, next to Australia and France.
I am very proud to see the keen efforts to improve the overall business support in the region from both public and private sectors. Recently, Saudi Arabia introduced many legislations facilitating doing business. In theSaudi businessmen council formed by the Advisor to the King and Governor ofMakkah region HRHPrinceKhaled Al Faisal, he announced that he will be setting up a committee under the Governerate‘s supervision whose primary goal is to adopt and/or nurture and/or support in facilitating execution of such projects. Therefore, it will become more interesting to invest locally, develop the infrastructure and services in the region and I believe we could see better returns in the area. The businessmen may obtain better profit here than abroad while serving their country."
Full transcript: http://www.marcopolis.net/tamer-group-discusses-pharmaceutical-industry-economy-and-doing-business.htm

published:28 Jul 2015

views:741

back

Oxford Business Group Live interview The Report Saudi Arabia KSA 2. 1 out of 7

Ayman M. Tamer, Chairman and Managing Partner of Tamer Group talks about family business and the group.
He says, "Family businesses here are like family businesses anywhere else. I have joined the World Economic Forum’s Family BusinessCommunity. I have been fortunate to spend time with other family business owners from other parts of the world. Basically we all face the same issues, responsibilities and challenges. A family business should cover human resource development, corporate social responsibility, managing the wealth and assets of the family, managing the operations efficiently and finally succession planning, which is the biggest challenge.
Accordingly to the World Economic Forum, Family businesses are major contributors to the global economy, creating an estimated 70-90% of global GDP. As such, the family business sector’s ability to grow and thrive is vital to the long-term health of the global economy.
By 2025, 7,000 new companies of significant size will have been created. 80% of these will in emerging markets, to include India, Brazil, China, Saudi Arabia etc, and 80% of those will be family businesses."
Full transcript: http://www.marcopolis.net/tamer-group-discusses-pharmaceutical-industry-economy-and-doing-business.htm

Ayman M. Tamer, Chairman and Managing Partner of Tamer Group talks about family business and the group.
He says, "Family businesses here are like family businesses anywhere else. I have joined the World Economic Forum’s Family BusinessCommunity. I have been fortunate to spend time with other family business owners from other parts of the world. Basically we all face the same issues, responsibilities and challenges. A family business should cover human resource development, corporate social responsibility, managing the wealth and assets of the family, managing the operations efficiently and finally succession planning, which is the biggest challenge.
Accordingly to the World Economic Forum, Family businesses are major contributors to the global economy, creating an estimated 70-90% of global GDP. As such, the family business sector’s ability to grow and thrive is vital to the long-term health of the global economy.
By 2025, 7,000 new companies of significant size will have been created. 80% of these will in emerging markets, to include India, Brazil, China, Saudi Arabia etc, and 80% of those will be family businesses."
Full transcript: http://www.marcopolis.net/tamer-group-discusses-pharmaceutical-industry-economy-and-doing-business.htm

READ MORE: http://www.farmersjournal.ie/how-almarai-produces-1-billion-litres-of-milk-from-75-000-dairy-cows-in-the-saudi-arabian-desert-148989/
A desert land in Saudi Arabia with temperatures frequently over 45 degrees celsius where you will find one of the largest and most impressive dairy operations in the world.

READ MORE: http://www.farmersjournal.ie/how-almarai-produces-1-billion-litres-of-milk-from-75-000-dairy-cows-in-the-saudi-arabian-desert-148989/
A desert land in Saudi Arabia with temperatures frequently over 45 degrees celsius where you will find one of the largest and most impressive dairy operations in the world.

published:07 Nov 2013

views:2180952

back

ျမန္မာႏုိင္ငံေစ်းကြက္စီးပြားေရးလုပ္ငန္းဆုိင္ရာစိန္ေခၚမႈမ်ားရွိေနဟု Oxford Business Group

Riyadh Metro Rail System - World Class Design

(Reuters) - The Saudi Arabian government awarded $22.5 billion in contracts to three foreign-led consortia on Sunday for the design and construction of a metro ...

(Reuters) - The Saudi Arabian government awarded $22.5 billion in contracts to three foreign-led consortia on Sunday for the design and construction of a metro rail system in the capital Riyadh.
The project, which will involve six rail lines extending 176 kilometers (110 miles) and carrying electric, driverless trains, is the world's largest public transport system currently under development, Saudi officials said.
U.S. construction giant Bechtel Corp heads a group which won a $9.45 billion contract to build two lines, the government announced.
A consortium led by Spain's Fomento de Construcciones y Contratas (FCC.MC) won a $7.82 billion contract for three lines, while Italy's Ansaldo STS (STS.MI) heads a group that won a $5.21 billion order.
Design work will start immediately and construction will begin in the first quarter of 2014, the government said. The project would be completed in 2019.
Flush with cash after more than two years of high oil prices, Saudi Arabia is pumping billions of dollars into infrastructure projects designed to improve living standards and ease social discontent in the wake of the 2011 uprisings elsewhere in the Arab world.
Last August the government approved a $16.5 billion plan to modernize the transport system in its holy city of Mecca, including building a bus network and a metro system.
It is also building several other rail systems, including a 2,750 km line running from Riyadh to near the northern border with Jordan.
Saudi officials said Riyadh's population was projected to grow from 6 million to over 8 million in the next 10 years, making the metro vital to ease congestion and pollution in the capital's streets.
In addition to raising living standards, the government says it wants to upgrade the country's infrastructure to help the economy diversify beyond oil, making it less vulnerable to any future plunge of global oil prices.
(Reporting by Marwa Rashad, Writing by Andrew Torchia; Editing by DianeCraft)
Source: http://www.reuters.com/article/2013/07/28/us-saudi-metro-contract-idUSBRE96R0CI20130728

(Reuters) - The Saudi Arabian government awarded $22.5 billion in contracts to three foreign-led consortia on Sunday for the design and construction of a metro rail system in the capital Riyadh.
The project, which will involve six rail lines extending 176 kilometers (110 miles) and carrying electric, driverless trains, is the world's largest public transport system currently under development, Saudi officials said.
U.S. construction giant Bechtel Corp heads a group which won a $9.45 billion contract to build two lines, the government announced.
A consortium led by Spain's Fomento de Construcciones y Contratas (FCC.MC) won a $7.82 billion contract for three lines, while Italy's Ansaldo STS (STS.MI) heads a group that won a $5.21 billion order.
Design work will start immediately and construction will begin in the first quarter of 2014, the government said. The project would be completed in 2019.
Flush with cash after more than two years of high oil prices, Saudi Arabia is pumping billions of dollars into infrastructure projects designed to improve living standards and ease social discontent in the wake of the 2011 uprisings elsewhere in the Arab world.
Last August the government approved a $16.5 billion plan to modernize the transport system in its holy city of Mecca, including building a bus network and a metro system.
It is also building several other rail systems, including a 2,750 km line running from Riyadh to near the northern border with Jordan.
Saudi officials said Riyadh's population was projected to grow from 6 million to over 8 million in the next 10 years, making the metro vital to ease congestion and pollution in the capital's streets.
In addition to raising living standards, the government says it wants to upgrade the country's infrastructure to help the economy diversify beyond oil, making it less vulnerable to any future plunge of global oil prices.
(Reporting by Marwa Rashad, Writing by Andrew Torchia; Editing by DianeCraft)
Source: http://www.reuters.com/article/2013/07/28/us-saudi-metro-contract-idUSBRE96R0CI20130728

AEI is a SaudiRegistered company founded as an independent ‘honest broker’. Their aim is to increase the accessibility to the Kingdom of Saudi Arabia for foreign companies. Free from political associations they support their clients to explore the Saudi market unimpeded by any influences other than their own strategy and ambition. They are not an agent, distributor or middleman but instead provide the infrastructure, services and guidance needed to succeed in what is widely recognised as a difficult yet rewarding market. Visit www.aeisaudi.com for more information.

AEI is a SaudiRegistered company founded as an independent ‘honest broker’. Their aim is to increase the accessibility to the Kingdom of Saudi Arabia for foreign companies. Free from political associations they support their clients to explore the Saudi market unimpeded by any influences other than their own strategy and ambition. They are not an agent, distributor or middleman but instead provide the infrastructure, services and guidance needed to succeed in what is widely recognised as a difficult yet rewarding market. Visit www.aeisaudi.com for more information.

Doing business in Saudi Arabia

Companies that do not change will cease to exist. The new regulations are getting tighter and the world is moving faster. From an investment banker perspective,...

Companies that do not change will cease to exist. The new regulations are getting tighter and the world is moving faster. From an investment banker perspective, I know how the transformation has been from the 90s to the last ten years. The banking sector has created a stronger and healthier environment for businesses because of the improvement in regulations and enforcement. The government facilities are trying to improve the regulations and their services including their supervision of all industries.
Badr Al-Musaibeh, CEO of Al Hammad Holding talks about doing business in Saudi Arabia.
http://www.marcopolis.net/al-hammad-group-doing-business-in-saudi-arabia.htm

Companies that do not change will cease to exist. The new regulations are getting tighter and the world is moving faster. From an investment banker perspective, I know how the transformation has been from the 90s to the last ten years. The banking sector has created a stronger and healthier environment for businesses because of the improvement in regulations and enforcement. The government facilities are trying to improve the regulations and their services including their supervision of all industries.
Badr Al-Musaibeh, CEO of Al Hammad Holding talks about doing business in Saudi Arabia.
http://www.marcopolis.net/al-hammad-group-doing-business-in-saudi-arabia.htm

Doing Business in Saudi Arabia

Infrastructure, mining, petrochemical and many other projects worth billions are planned for Saudi Arabia, and logisticians world-wide would like to be part of ...

Infrastructure, mining, petrochemical and many other projects worth billions are planned for Saudi Arabia, and logisticians world-wide would like to be part of these opportunities. However, understanding how to do business in the Kingdom can be a challenge. Our panel of experts will offer their guidance during this unique panel.

Infrastructure, mining, petrochemical and many other projects worth billions are planned for Saudi Arabia, and logisticians world-wide would like to be part of these opportunities. However, understanding how to do business in the Kingdom can be a challenge. Our panel of experts will offer their guidance during this unique panel.

G|Saudi Arabia 2.0 - Day 2: Business

What Women's Rights Looks like Saudi Arabia | Fortune

Lubna Olayan, Chief Executive Officer, Olayan Financing Company
Interviewer: Maithreyi Seetharaman, Anchor and Executive Editor, Euronews; Co-chair, Fortune Most PowerfulWomenInternational
- See more at: http://www.fortuneconferences.com/most-powerful-women-london-2016/2016-agenda/#sthash.7kHIhhlC.dpuf
Subscribe to Fortune -
http://www.youtube.com/subscription_center?add_user=FortuneMagazineVideo
FORTUNE is a global leader in business journalism with a worldwide circulation of more than 1 million and a readership of nearly 5 million, with major franchises including the FORTUNE 500 and the FORTUNE 100Best Companies to Work For. FORTUNE Live Media extends the brand's mission into live settings, hosting a wide range of annual conferences, including the FORTUNE GlobalForum.
Websi...

The Middle East is fracturing. Arab uprisings and military interventions across the region have caused civil wars and spawned terrorist groups. Stuck in the middle of it all is Saudi Arabia. Confronted by extremism on all sides, the desert kingdom is building massive fences at its borders with Iraq and Yemen to keep out terrorist organizations that it may have had a hand in creating. Suroosh Alvi travels to Saudi Arabia to see how America’s staunchest Arab ally is defending itself—and how it may be fanning the flames of global militancy.
Then: in the summer of 2014, a group calling themselves the Islamic State, or ISIS, shocked the world by taking over large territories in Iraq and Syria, and committing headline-grabbing atrocities in the process. In the face of international condemnation...

published: 06 Feb 2016

Beyond oil: Saudi Arabia's 2030 economic vision - Counting the Cost

Gulf nations need to diversify their economies and move away from oil dependency, says the International Monetary Fund (IMF).
This warning comes as Saudi Arabia continues to work out how to sell around five percent of its state-run oil producer, Aramco - a deal that could raise more than $100bn.
The plan is at the heart of an ambitious economic reform programme, which includes a new $500bn megacity near the Red Sea. It's hoped the extra money from the sale will make Saudi Arabia less reliant on the black gold in the long term.
The kingdom is experiencing a recession after shrinking in two consecutive quarters for the first time since 2009. Growth this year is expected to be close to zero.
Saudi Arabia's budget deficit currently stands at 9.3 percent of its gross domestic product (GDP)...

Day 1: 9 Saudi Youth Indicators 2016

Hani Al-Moqbil :
Expressing his view on how youth can play a role in Saudi Vision 2030.
For more information, follow us on :
Twitter :
https://twitter.com/miskglobalforum
Facebook :
www.facebook.com/MiskGlobalForum

published: 22 Nov 2016

Saudi Cultural Mission Group Corporate Video

ReemAsaad giving a talk on ' Saudi ArabianWomen at Work' at the Warwick Economics Summit.
A successful wealth manager and analyst at Saudi Fransi Capital with over 12 years of experience in investment management and finance, Reem Asaad boasts an impressive résumé. But that's not all that defines her work.
Recently named one of the most influential Arabs in the world Reem has been hailed as a champion of Saudi Arabian women, with the self-proclaimed aim of encouraging and raising financial awareness in Saudi Arabia and promoting the social and economic well-being of its people.
Her 'LingerieCampaign', calling for better employment opportunities and improved consumer rights for women in the lingerie business, has received international recognition. In Saudi Arabia, one of the world's m...

https://www.mayerbrown.com/experience/Middle-East/
https://www.mayerbrown.com/experience/Joint-Ventures-Strategic-Alliances/
With many businesses and investors seeking growth in emerging markets, the Middle East offers a compelling region of opportunity. Joint ventures offer an increasingly attractive structure to affect expansion or investment in Gulf Cooperation Council countries such as the Kingdom of Saudi Arabia (KSA) and the United Arab Emirates (UAE). Understanding recent developments is critical to assessing this opportunity from both a risk and a reward standpoint.
CharlesHallab, chair of our Middle East practice and co-lead of our Joint Venture practice, and Tom Thraya, partner-in-charge of our Dubai office, gave an informative and timely presentation.
Topics included:
New l...

published: 28 Jul 2017

SUSRIS Conversations: Richard Wilson and the Saudi-US Trade Group (SUSTG)

Oil economics: Behind the Saudi Aramco IPO - Counting the Cost

Amid low oil prices and burgeoning budget deficits, Saudi Arabia annonced it was considering listing the state-owned oil giant Aramco on the Saudi stock exchange.
Aramco is the world's largest company in the oil business and the backbone of the Saudi economy.
But the oil business is not creating enough cash these days. Even with the low oil price, the numbers associated with Aramco highlight why this could be such a significant initial public offer.
Saudi Aramco has crude reserves of about 260bn barrels of oil, which is more than 15 percent of the world's proven oil reserves. If it went public, it could become the first listed company valued at $1 trillion or more, analysts estimate.
Saudi Arabia's $98 billion budget deficit is seen by many analysts as the main reason for the listing, ...

Royale Business Presentation Phoenix Infinity Saudi Group..

This is ROYALE!!!
Be my New BusinessPartner now.
- Success driven, Goal oriented, Positive Thinker and ready for a Challenging career.
For inquires just pm me, txt or call this nos.+966560390504/+966504673026/ roming #09478353942.

Lubna Olayan, Chief Executive Officer, Olayan Financing Company
Interviewer: Maithreyi Seetharaman, Anchor and Executive Editor, Euronews; Co-chair, Fortune Most PowerfulWomenInternational
- See more at: http://www.fortuneconferences.com/most-powerful-women-london-2016/2016-agenda/#sthash.7kHIhhlC.dpuf
Subscribe to Fortune -
http://www.youtube.com/subscription_center?add_user=FortuneMagazineVideo
FORTUNE is a global leader in business journalism with a worldwide circulation of more than 1 million and a readership of nearly 5 million, with major franchises including the FORTUNE 500 and the FORTUNE 100Best Companies to Work For. FORTUNE Live Media extends the brand's mission into live settings, hosting a wide range of annual conferences, including the FORTUNE GlobalForum.
Website: http://fortune.com/
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Twitter: https://twitter.com/FortuneMagazine
Fortune Magazine is published by Time Inc.

Lubna Olayan, Chief Executive Officer, Olayan Financing Company
Interviewer: Maithreyi Seetharaman, Anchor and Executive Editor, Euronews; Co-chair, Fortune Most PowerfulWomenInternational
- See more at: http://www.fortuneconferences.com/most-powerful-women-london-2016/2016-agenda/#sthash.7kHIhhlC.dpuf
Subscribe to Fortune -
http://www.youtube.com/subscription_center?add_user=FortuneMagazineVideo
FORTUNE is a global leader in business journalism with a worldwide circulation of more than 1 million and a readership of nearly 5 million, with major franchises including the FORTUNE 500 and the FORTUNE 100Best Companies to Work For. FORTUNE Live Media extends the brand's mission into live settings, hosting a wide range of annual conferences, including the FORTUNE GlobalForum.
Website: http://fortune.com/
Facebook: https://www.facebook.com/FortuneMagazine
Twitter: https://twitter.com/FortuneMagazine
Fortune Magazine is published by Time Inc.

The Middle East is fracturing. Arab uprisings and military interventions across the region have caused civil wars and spawned terrorist groups. Stuck in the middle of it all is Saudi Arabia. Confronted by extremism on all sides, the desert kingdom is building massive fences at its borders with Iraq and Yemen to keep out terrorist organizations that it may have had a hand in creating. Suroosh Alvi travels to Saudi Arabia to see how America’s staunchest Arab ally is defending itself—and how it may be fanning the flames of global militancy.
Then: in the summer of 2014, a group calling themselves the Islamic State, or ISIS, shocked the world by taking over large territories in Iraq and Syria, and committing headline-grabbing atrocities in the process. In the face of international condemnation, would-be fighters from Western countries flocked to join ISIS in their self-styled utopia. Gianna Toboni travels to Europe to meet some of the young men drawn to ISIS's call, and visits with American Navy strike pilots working to roll back the Islamic State's gains.
WatchSeason 4 of VICE on Fridays at 11 PM, only on HBO.
Watch Season 1: http://bit.ly/1HyVviK
Watch Season 2: http://bit.ly/1LBL8y6
Click here to subscribe to VICE: http://bit.ly/Subscribe-to-VICE
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Videos, daily editorial and more: http://vice.com
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The Middle East is fracturing. Arab uprisings and military interventions across the region have caused civil wars and spawned terrorist groups. Stuck in the middle of it all is Saudi Arabia. Confronted by extremism on all sides, the desert kingdom is building massive fences at its borders with Iraq and Yemen to keep out terrorist organizations that it may have had a hand in creating. Suroosh Alvi travels to Saudi Arabia to see how America’s staunchest Arab ally is defending itself—and how it may be fanning the flames of global militancy.
Then: in the summer of 2014, a group calling themselves the Islamic State, or ISIS, shocked the world by taking over large territories in Iraq and Syria, and committing headline-grabbing atrocities in the process. In the face of international condemnation, would-be fighters from Western countries flocked to join ISIS in their self-styled utopia. Gianna Toboni travels to Europe to meet some of the young men drawn to ISIS's call, and visits with American Navy strike pilots working to roll back the Islamic State's gains.
WatchSeason 4 of VICE on Fridays at 11 PM, only on HBO.
Watch Season 1: http://bit.ly/1HyVviK
Watch Season 2: http://bit.ly/1LBL8y6
Click here to subscribe to VICE: http://bit.ly/Subscribe-to-VICE
Check out our full video catalog: http://bit.ly/VICE-Videos
Videos, daily editorial and more: http://vice.com
More videos from the VICE network: https://www.fb.com/vicevideos
Like VICE on Facebook: http://fb.com/vice
Follow VICE on Twitter: http://twitter.com/vice
Read our Tumblr: http://vicemag.tumblr.com
Follow us on Instagram: http://instagram.com/vice
Check out our Pinterest: https://pinterest.com/vicemag

Gulf nations need to diversify their economies and move away from oil dependency, says the International Monetary Fund (IMF).
This warning comes as Saudi Arabia continues to work out how to sell around five percent of its state-run oil producer, Aramco - a deal that could raise more than $100bn.
The plan is at the heart of an ambitious economic reform programme, which includes a new $500bn megacity near the Red Sea. It's hoped the extra money from the sale will make Saudi Arabia less reliant on the black gold in the long term.
The kingdom is experiencing a recession after shrinking in two consecutive quarters for the first time since 2009. Growth this year is expected to be close to zero.
Saudi Arabia's budget deficit currently stands at 9.3 percent of its gross domestic product (GDP), it has suffered due to recent low oil prices. And unemployment edged up in the second quarter to nearly 13 percent - although that number is far higher for under 29-year-olds.
Examining Saudi's 2030 vision, Ayham Kamel, head of Middle East and North Africa research at the Eurasia Group, explains, "it's a vision, it's aspirational more than anything. They're trying to implement key parts of it. It's fundamentally changing the kingdom's political and social structure in a movement that's much more viable - fiscally and regionally."
Kamel says Saudi Arabia's "short-term challenges are very linked to oil prices." But in the long-term, the kingdom "needs to have an economy that is not oil or energy based" in order to curb unemployment and deal with other structural issues. This explains why they're trying to "get the private sector to play a bigger part in the economy. This is practically the end of the Saudi-state dictating all economic activity."
While the country is open to foreign investment, "it's domestic investment that's important for Saudi Arabia right now - finding ways to stimulate the economy... and shift it towards something less based on energy. That diversification drive is why the state needs to sell a piece of Aramco," says Kamel.
Also on this episode of Counting the Cost:
Britain's central bank raises interest rates: The Bank of England has raised its key interest rate for the first time in a decade. The 0.25 percent hike was widely expected. British policymakers are trying to dampen inflation which has been ticking steadily higher. But with concerns over the country's Brexit-dented economy, which dilemmas in the current landscape might now be worrying the bank's governor the most?
JeremyCook, chief economist and head of currency strategy of World First in the United Kingdom offers his take.
Turkey's economy: Turkey's economic growth is one of the fastest among the world's 20 largest economies. Its gross domestic product recently topped 5 percent, something only bettered by China and India. But it's also dealing with high inflation and a falling lira. Sinem Koseoglu reports from Istanbul.
Murat Yulek, professor of economics at Istanbul Commerce University, discusses challenges ahead.
Nigeria oil clean-up: The clean up of a contaminated fishing community in Nigeria has finally begun, almost 10 years after two oil spills. Shell pipelines had corroded and the result saw millions of litres of crude oil pour into creeks and swamps around the Niger Delta. Ahmed Idris reports from Bodo.
Qatar's water reservoirs: The construction of five water reservoirs in Qatar are almost complete. Once finished, they will be among the world’s largest reservoirs, with a capacity of some 100 million gallons of water each, as Laura Burdon-Manley reports from Doha.
More from Counting the Cost on:
YouTube - http://aje.io/countingthecostYT
Website - http://aljazeera.com/countingthecost/

Gulf nations need to diversify their economies and move away from oil dependency, says the International Monetary Fund (IMF).
This warning comes as Saudi Arabia continues to work out how to sell around five percent of its state-run oil producer, Aramco - a deal that could raise more than $100bn.
The plan is at the heart of an ambitious economic reform programme, which includes a new $500bn megacity near the Red Sea. It's hoped the extra money from the sale will make Saudi Arabia less reliant on the black gold in the long term.
The kingdom is experiencing a recession after shrinking in two consecutive quarters for the first time since 2009. Growth this year is expected to be close to zero.
Saudi Arabia's budget deficit currently stands at 9.3 percent of its gross domestic product (GDP), it has suffered due to recent low oil prices. And unemployment edged up in the second quarter to nearly 13 percent - although that number is far higher for under 29-year-olds.
Examining Saudi's 2030 vision, Ayham Kamel, head of Middle East and North Africa research at the Eurasia Group, explains, "it's a vision, it's aspirational more than anything. They're trying to implement key parts of it. It's fundamentally changing the kingdom's political and social structure in a movement that's much more viable - fiscally and regionally."
Kamel says Saudi Arabia's "short-term challenges are very linked to oil prices." But in the long-term, the kingdom "needs to have an economy that is not oil or energy based" in order to curb unemployment and deal with other structural issues. This explains why they're trying to "get the private sector to play a bigger part in the economy. This is practically the end of the Saudi-state dictating all economic activity."
While the country is open to foreign investment, "it's domestic investment that's important for Saudi Arabia right now - finding ways to stimulate the economy... and shift it towards something less based on energy. That diversification drive is why the state needs to sell a piece of Aramco," says Kamel.
Also on this episode of Counting the Cost:
Britain's central bank raises interest rates: The Bank of England has raised its key interest rate for the first time in a decade. The 0.25 percent hike was widely expected. British policymakers are trying to dampen inflation which has been ticking steadily higher. But with concerns over the country's Brexit-dented economy, which dilemmas in the current landscape might now be worrying the bank's governor the most?
JeremyCook, chief economist and head of currency strategy of World First in the United Kingdom offers his take.
Turkey's economy: Turkey's economic growth is one of the fastest among the world's 20 largest economies. Its gross domestic product recently topped 5 percent, something only bettered by China and India. But it's also dealing with high inflation and a falling lira. Sinem Koseoglu reports from Istanbul.
Murat Yulek, professor of economics at Istanbul Commerce University, discusses challenges ahead.
Nigeria oil clean-up: The clean up of a contaminated fishing community in Nigeria has finally begun, almost 10 years after two oil spills. Shell pipelines had corroded and the result saw millions of litres of crude oil pour into creeks and swamps around the Niger Delta. Ahmed Idris reports from Bodo.
Qatar's water reservoirs: The construction of five water reservoirs in Qatar are almost complete. Once finished, they will be among the world’s largest reservoirs, with a capacity of some 100 million gallons of water each, as Laura Burdon-Manley reports from Doha.
More from Counting the Cost on:
YouTube - http://aje.io/countingthecostYT
Website - http://aljazeera.com/countingthecost/

Day 1: 9 Saudi Youth Indicators 2016

Hani Al-Moqbil :
Expressing his view on how youth can play a role in Saudi Vision 2030.
For more information, follow us on :
Twitter :
https://twitter.com/mi...

Hani Al-Moqbil :
Expressing his view on how youth can play a role in Saudi Vision 2030.
For more information, follow us on :
Twitter :
https://twitter.com/miskglobalforum
Facebook :
www.facebook.com/MiskGlobalForum

Hani Al-Moqbil :
Expressing his view on how youth can play a role in Saudi Vision 2030.
For more information, follow us on :
Twitter :
https://twitter.com/miskglobalforum
Facebook :
www.facebook.com/MiskGlobalForum

ReemAsaad giving a talk on ' Saudi ArabianWomen at Work' at the Warwick Economics Summit.
A successful wealth manager and analyst at Saudi Fransi Capital with over 12 years of experience in investment management and finance, Reem Asaad boasts an impressive résumé. But that's not all that defines her work.
Recently named one of the most influential Arabs in the world Reem has been hailed as a champion of Saudi Arabian women, with the self-proclaimed aim of encouraging and raising financial awareness in Saudi Arabia and promoting the social and economic well-being of its people.
Her 'LingerieCampaign', calling for better employment opportunities and improved consumer rights for women in the lingerie business, has received international recognition. In Saudi Arabia, one of the world's most conservative nations, women had long been required to buy underwear from stores staffed exclusively by men.
But in 2008 Reem launched one of the most successful social media campaigns in recent years. She set up a facebook group calling for action to ensure that only women could work in lingerie shops, and in 2011, after years of tireless writing and public speaking, her work paid off. Saudi Arabia's King Abdullah passed a directive ensuring that all such shops would be staffed solely by Saudi women.
The campaign culminated in the creation of tens of thousands of jobs for Arab women - not only changing the law but also empowering Saudi women and moving the nation one step closer to economic gender balance.
Unwavering in her campaign for equality, Reem is now aiming to improve the provision of childcare for working mothers, and she looks set to continue to address underlying issues regarding women's rights in Saudi Arabia.

ReemAsaad giving a talk on ' Saudi ArabianWomen at Work' at the Warwick Economics Summit.
A successful wealth manager and analyst at Saudi Fransi Capital with over 12 years of experience in investment management and finance, Reem Asaad boasts an impressive résumé. But that's not all that defines her work.
Recently named one of the most influential Arabs in the world Reem has been hailed as a champion of Saudi Arabian women, with the self-proclaimed aim of encouraging and raising financial awareness in Saudi Arabia and promoting the social and economic well-being of its people.
Her 'LingerieCampaign', calling for better employment opportunities and improved consumer rights for women in the lingerie business, has received international recognition. In Saudi Arabia, one of the world's most conservative nations, women had long been required to buy underwear from stores staffed exclusively by men.
But in 2008 Reem launched one of the most successful social media campaigns in recent years. She set up a facebook group calling for action to ensure that only women could work in lingerie shops, and in 2011, after years of tireless writing and public speaking, her work paid off. Saudi Arabia's King Abdullah passed a directive ensuring that all such shops would be staffed solely by Saudi women.
The campaign culminated in the creation of tens of thousands of jobs for Arab women - not only changing the law but also empowering Saudi women and moving the nation one step closer to economic gender balance.
Unwavering in her campaign for equality, Reem is now aiming to improve the provision of childcare for working mothers, and she looks set to continue to address underlying issues regarding women's rights in Saudi Arabia.

https://www.mayerbrown.com/experience/Middle-East/
https://www.mayerbrown.com/experience/Joint-Ventures-Strategic-Alliances/
With many businesses and investors...

https://www.mayerbrown.com/experience/Middle-East/
https://www.mayerbrown.com/experience/Joint-Ventures-Strategic-Alliances/
With many businesses and investors seeking growth in emerging markets, the Middle East offers a compelling region of opportunity. Joint ventures offer an increasingly attractive structure to affect expansion or investment in Gulf Cooperation Council countries such as the Kingdom of Saudi Arabia (KSA) and the United Arab Emirates (UAE). Understanding recent developments is critical to assessing this opportunity from both a risk and a reward standpoint.
CharlesHallab, chair of our Middle East practice and co-lead of our Joint Venture practice, and Tom Thraya, partner-in-charge of our Dubai office, gave an informative and timely presentation.
Topics included:
New laws regarding the formation of LLCs and other entities
An update on local ownership and capital requirements
Restrictions on corporate governance, shareholder and other operational issues
Challenges with exiting a KSA or UAE joint venture

https://www.mayerbrown.com/experience/Middle-East/
https://www.mayerbrown.com/experience/Joint-Ventures-Strategic-Alliances/
With many businesses and investors seeking growth in emerging markets, the Middle East offers a compelling region of opportunity. Joint ventures offer an increasingly attractive structure to affect expansion or investment in Gulf Cooperation Council countries such as the Kingdom of Saudi Arabia (KSA) and the United Arab Emirates (UAE). Understanding recent developments is critical to assessing this opportunity from both a risk and a reward standpoint.
CharlesHallab, chair of our Middle East practice and co-lead of our Joint Venture practice, and Tom Thraya, partner-in-charge of our Dubai office, gave an informative and timely presentation.
Topics included:
New laws regarding the formation of LLCs and other entities
An update on local ownership and capital requirements
Restrictions on corporate governance, shareholder and other operational issues
Challenges with exiting a KSA or UAE joint venture

published:28 Jul 2017

views:52

back

SUSRIS Conversations: Richard Wilson and the Saudi-US Trade Group (SUSTG)

Amid low oil prices and burgeoning budget deficits, Saudi Arabia annonced it was considering listing the state-owned oil giant Aramco on the Saudi stock exchange.
Aramco is the world's largest company in the oil business and the backbone of the Saudi economy.
But the oil business is not creating enough cash these days. Even with the low oil price, the numbers associated with Aramco highlight why this could be such a significant initial public offer.
Saudi Aramco has crude reserves of about 260bn barrels of oil, which is more than 15 percent of the world's proven oil reserves. If it went public, it could become the first listed company valued at $1 trillion or more, analysts estimate.
Saudi Arabia's $98 billion budget deficit is seen by many analysts as the main reason for the listing, but Saudi officials inists it is part of an attempt to diversify the economy beyond oil and have the private sector play a biger role.
So, will auctioning off a slice of Aramco give Saudi Arabia more time to weather the oil price storm? And how can the Saudi economy deal with the low oil price?
We speak to Fahad Alturki, the chief economist of Jadwa Investment, about oil, Aramco and a trillion-dollar IPO we thought would never happen.
Also on this episode of Counting the Cost: We take a look at South Africa's weakening rand and why the jittery currency is posing huge questions about the government's economic direction and putting financial pressure on everyday South Africans.
We also look at Wanda, a group that has just bought a major stake in theHollywood studio behind Batman and Godzilla. It is owned by China's richest person, Wang Jianlin, and is fast becoming a media powerhouse. So what will be China's role in the global entertainment industry?
- Subscribe to our channel: http://bit.ly/AJSubscribe
- Follow us on Twitter: https://twitter.com/AJEnglish
- Find us on Facebook: https://www.facebook.com/aljazeera
- Check out our website: http://www.aljazeera.com/

Amid low oil prices and burgeoning budget deficits, Saudi Arabia annonced it was considering listing the state-owned oil giant Aramco on the Saudi stock exchange.
Aramco is the world's largest company in the oil business and the backbone of the Saudi economy.
But the oil business is not creating enough cash these days. Even with the low oil price, the numbers associated with Aramco highlight why this could be such a significant initial public offer.
Saudi Aramco has crude reserves of about 260bn barrels of oil, which is more than 15 percent of the world's proven oil reserves. If it went public, it could become the first listed company valued at $1 trillion or more, analysts estimate.
Saudi Arabia's $98 billion budget deficit is seen by many analysts as the main reason for the listing, but Saudi officials inists it is part of an attempt to diversify the economy beyond oil and have the private sector play a biger role.
So, will auctioning off a slice of Aramco give Saudi Arabia more time to weather the oil price storm? And how can the Saudi economy deal with the low oil price?
We speak to Fahad Alturki, the chief economist of Jadwa Investment, about oil, Aramco and a trillion-dollar IPO we thought would never happen.
Also on this episode of Counting the Cost: We take a look at South Africa's weakening rand and why the jittery currency is posing huge questions about the government's economic direction and putting financial pressure on everyday South Africans.
We also look at Wanda, a group that has just bought a major stake in theHollywood studio behind Batman and Godzilla. It is owned by China's richest person, Wang Jianlin, and is fast becoming a media powerhouse. So what will be China's role in the global entertainment industry?
- Subscribe to our channel: http://bit.ly/AJSubscribe
- Follow us on Twitter: https://twitter.com/AJEnglish
- Find us on Facebook: https://www.facebook.com/aljazeera
- Check out our website: http://www.aljazeera.com/

This is ROYALE!!!
Be my New BusinessPartner now.
- Success driven, Goal oriented, Positive Thinker and ready for a Challenging career.
For inquires just pm me, txt or call this nos.+966560390504/+966504673026/ roming #09478353942.

This is ROYALE!!!
Be my New BusinessPartner now.
- Success driven, Goal oriented, Positive Thinker and ready for a Challenging career.
For inquires just pm me, txt or call this nos.+966560390504/+966504673026/ roming #09478353942.

Doing business in Saudi Arabia: Tamer group perspective

Ayman M. Tamer, Chairman and Managing Partner of Tamer Group talks about doing business in Saudi Arabia.
He says, "Business in every part of the world is challenging. Saudi Arabia is ranked 24 in The Global Competitive Index prepared by the World Economic Forum, next to Australia and France.
I am very proud to see the keen efforts to improve the overall business support in the region from both public and private sectors. Recently, Saudi Arabia introduced many legislations facilitating doing business. In theSaudi businessmen council formed by the Advisor to the King and Governor ofMakkah region HRHPrinceKhaled Al Faisal, he announced that he will be setting up a committee under the Governerate‘s supervision whose primary goal is to adopt and/or nurture and/or support in facilitating execution of such projects. Therefore, it will become more interesting to invest locally, develop the infrastructure and services in the region and I believe we could see better returns in the area. The businessmen may obtain better profit here than abroad while serving their country."
Full transcript: http://www.marcopolis.net/tamer-group-discusses-pharmaceutical-industry-economy-and-doing-business.htm

9:00

Oxford Business Group Live interview The Report Saudi Arabia KSA 2. 1 out of 7

Oxford Business Group Live interview on The Report Saudi Arabia broadcasted on KSA 2, with...

Family business in Saudi Arabia: Tamer Group

Ayman M. Tamer, Chairman and Managing Partner of Tamer Group talks about family business and the group.
He says, "Family businesses here are like family businesses anywhere else. I have joined the World Economic Forum’s Family BusinessCommunity. I have been fortunate to spend time with other family business owners from other parts of the world. Basically we all face the same issues, responsibilities and challenges. A family business should cover human resource development, corporate social responsibility, managing the wealth and assets of the family, managing the operations efficiently and finally succession planning, which is the biggest challenge.
Accordingly to the World Economic Forum, Family businesses are major contributors to the global economy, creating an estimated 70-90% of global GDP. As such, the family business sector’s ability to grow and thrive is vital to the long-term health of the global economy.
By 2025, 7,000 new companies of significant size will have been created. 80% of these will in emerging markets, to include India, Brazil, China, Saudi Arabia etc, and 80% of those will be family businesses."
Full transcript: http://www.marcopolis.net/tamer-group-discusses-pharmaceutical-industry-economy-and-doing-business.htm

Almarai Al Badiah farm in Saudi Arabia

READ MORE: http://www.farmersjournal.ie/how-almarai-produces-1-billion-litres-of-milk-from-75-000-dairy-cows-in-the-saudi-arabian-desert-148989/
A desert land in Saudi Arabia with temperatures frequently over 45 degrees celsius where you will find one of the largest and most impressive dairy operations in the world.

8:29

ျမန္မာႏုိင္ငံေစ်းကြက္စီးပြားေရးလုပ္ငန္းဆုိင္ရာစိန္ေခၚမႈမ်ားရွိေနဟု Oxford Business Group

ျမန္မာႏုိင္ငံေစ်းကြက္စီးပြားေရးလုပ္ငန္းဆုိင္ရာစိန္ေခၚမႈမ်ားရွိေနဟု Oxford Business Group ၏...

Riyadh Metro Rail System - World Class Design

(Reuters) - The Saudi Arabian government awarded $22.5 billion in contracts to three foreign-led consortia on Sunday for the design and construction of a metro rail system in the capital Riyadh.
The project, which will involve six rail lines extending 176 kilometers (110 miles) and carrying electric, driverless trains, is the world's largest public transport system currently under development, Saudi officials said.
U.S. construction giant Bechtel Corp heads a group which won a $9.45 billion contract to build two lines, the government announced.
A consortium led by Spain's Fomento de Construcciones y Contratas (FCC.MC) won a $7.82 billion contract for three lines, while Italy's Ansaldo STS (STS.MI) heads a group that won a $5.21 billion order.
Design work will start immediately and construction will begin in the first quarter of 2014, the government said. The project would be completed in 2019.
Flush with cash after more than two years of high oil prices, Saudi Arabia is pumping billions of dollars into infrastructure projects designed to improve living standards and ease social discontent in the wake of the 2011 uprisings elsewhere in the Arab world.
Last August the government approved a $16.5 billion plan to modernize the transport system in its holy city of Mecca, including building a bus network and a metro system.
It is also building several other rail systems, including a 2,750 km line running from Riyadh to near the northern border with Jordan.
Saudi officials said Riyadh's population was projected to grow from 6 million to over 8 million in the next 10 years, making the metro vital to ease congestion and pollution in the capital's streets.
In addition to raising living standards, the government says it wants to upgrade the country's infrastructure to help the economy diversify beyond oil, making it less vulnerable to any future plunge of global oil prices.
(Reporting by Marwa Rashad, Writing by Andrew Torchia; Editing by DianeCraft)
Source: http://www.reuters.com/article/2013/07/28/us-saudi-metro-contract-idUSBRE96R0CI20130728

What Women's Rights Looks like Saudi Arabia | Fortune

Lubna Olayan, Chief Executive Officer, Olayan Financing Company
Interviewer: Maithreyi Seetharaman, Anchor and Executive Editor, Euronews; Co-chair, Fortune Most PowerfulWomenInternational
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The Middle East is fracturing. Arab uprisings and military interventions across the region have caused civil wars and spawned terrorist groups. Stuck in the middle of it all is Saudi Arabia. Confronted by extremism on all sides, the desert kingdom is building massive fences at its borders with Iraq and Yemen to keep out terrorist organizations that it may have had a hand in creating. Suroosh Alvi travels to Saudi Arabia to see how America’s staunchest Arab ally is defending itself—and how it may be fanning the flames of global militancy.
Then: in the summer of 2014, a group calling themselves the Islamic State, or ISIS, shocked the world by taking over large territories in Iraq and Syria, and committing headline-grabbing atrocities in the process. In the face of international condemnation, would-be fighters from Western countries flocked to join ISIS in their self-styled utopia. Gianna Toboni travels to Europe to meet some of the young men drawn to ISIS's call, and visits with American Navy strike pilots working to roll back the Islamic State's gains.
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Beyond oil: Saudi Arabia's 2030 economic vision - Counting the Cost

Gulf nations need to diversify their economies and move away from oil dependency, says the International Monetary Fund (IMF).
This warning comes as Saudi Arabia continues to work out how to sell around five percent of its state-run oil producer, Aramco - a deal that could raise more than $100bn.
The plan is at the heart of an ambitious economic reform programme, which includes a new $500bn megacity near the Red Sea. It's hoped the extra money from the sale will make Saudi Arabia less reliant on the black gold in the long term.
The kingdom is experiencing a recession after shrinking in two consecutive quarters for the first time since 2009. Growth this year is expected to be close to zero.
Saudi Arabia's budget deficit currently stands at 9.3 percent of its gross domestic product (GDP), it has suffered due to recent low oil prices. And unemployment edged up in the second quarter to nearly 13 percent - although that number is far higher for under 29-year-olds.
Examining Saudi's 2030 vision, Ayham Kamel, head of Middle East and North Africa research at the Eurasia Group, explains, "it's a vision, it's aspirational more than anything. They're trying to implement key parts of it. It's fundamentally changing the kingdom's political and social structure in a movement that's much more viable - fiscally and regionally."
Kamel says Saudi Arabia's "short-term challenges are very linked to oil prices." But in the long-term, the kingdom "needs to have an economy that is not oil or energy based" in order to curb unemployment and deal with other structural issues. This explains why they're trying to "get the private sector to play a bigger part in the economy. This is practically the end of the Saudi-state dictating all economic activity."
While the country is open to foreign investment, "it's domestic investment that's important for Saudi Arabia right now - finding ways to stimulate the economy... and shift it towards something less based on energy. That diversification drive is why the state needs to sell a piece of Aramco," says Kamel.
Also on this episode of Counting the Cost:
Britain's central bank raises interest rates: The Bank of England has raised its key interest rate for the first time in a decade. The 0.25 percent hike was widely expected. British policymakers are trying to dampen inflation which has been ticking steadily higher. But with concerns over the country's Brexit-dented economy, which dilemmas in the current landscape might now be worrying the bank's governor the most?
JeremyCook, chief economist and head of currency strategy of World First in the United Kingdom offers his take.
Turkey's economy: Turkey's economic growth is one of the fastest among the world's 20 largest economies. Its gross domestic product recently topped 5 percent, something only bettered by China and India. But it's also dealing with high inflation and a falling lira. Sinem Koseoglu reports from Istanbul.
Murat Yulek, professor of economics at Istanbul Commerce University, discusses challenges ahead.
Nigeria oil clean-up: The clean up of a contaminated fishing community in Nigeria has finally begun, almost 10 years after two oil spills. Shell pipelines had corroded and the result saw millions of litres of crude oil pour into creeks and swamps around the Niger Delta. Ahmed Idris reports from Bodo.
Qatar's water reservoirs: The construction of five water reservoirs in Qatar are almost complete. Once finished, they will be among the world’s largest reservoirs, with a capacity of some 100 million gallons of water each, as Laura Burdon-Manley reports from Doha.
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Day 1: 9 Saudi Youth Indicators 2016

Hani Al-Moqbil :
Expressing his view on how youth can play a role in Saudi Vision 2030.
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21:45

Saudi Cultural Mission Group Corporate Video

A corporate video to invite students from Saudi Arabia to study in Singapore.

ReemAsaad giving a talk on ' Saudi ArabianWomen at Work' at the Warwick Economics Summit.
A successful wealth manager and analyst at Saudi Fransi Capital with over 12 years of experience in investment management and finance, Reem Asaad boasts an impressive résumé. But that's not all that defines her work.
Recently named one of the most influential Arabs in the world Reem has been hailed as a champion of Saudi Arabian women, with the self-proclaimed aim of encouraging and raising financial awareness in Saudi Arabia and promoting the social and economic well-being of its people.
Her 'LingerieCampaign', calling for better employment opportunities and improved consumer rights for women in the lingerie business, has received international recognition. In Saudi Arabia, one of the world's most conservative nations, women had long been required to buy underwear from stores staffed exclusively by men.
But in 2008 Reem launched one of the most successful social media campaigns in recent years. She set up a facebook group calling for action to ensure that only women could work in lingerie shops, and in 2011, after years of tireless writing and public speaking, her work paid off. Saudi Arabia's King Abdullah passed a directive ensuring that all such shops would be staffed solely by Saudi women.
The campaign culminated in the creation of tens of thousands of jobs for Arab women - not only changing the law but also empowering Saudi women and moving the nation one step closer to economic gender balance.
Unwavering in her campaign for equality, Reem is now aiming to improve the provision of childcare for working mothers, and she looks set to continue to address underlying issues regarding women's rights in Saudi Arabia.

https://www.mayerbrown.com/experience/Middle-East/
https://www.mayerbrown.com/experience/Joint-Ventures-Strategic-Alliances/
With many businesses and investors seeking growth in emerging markets, the Middle East offers a compelling region of opportunity. Joint ventures offer an increasingly attractive structure to affect expansion or investment in Gulf Cooperation Council countries such as the Kingdom of Saudi Arabia (KSA) and the United Arab Emirates (UAE). Understanding recent developments is critical to assessing this opportunity from both a risk and a reward standpoint.
CharlesHallab, chair of our Middle East practice and co-lead of our Joint Venture practice, and Tom Thraya, partner-in-charge of our Dubai office, gave an informative and timely presentation.
Topics included:
New laws regarding the formation of LLCs and other entities
An update on local ownership and capital requirements
Restrictions on corporate governance, shareholder and other operational issues
Challenges with exiting a KSA or UAE joint venture

47:43

SUSRIS Conversations: Richard Wilson and the Saudi-US Trade Group (SUSTG)

SUSRIS Editor in Chief Pat Ryan talked with Richard Wilson about the role of the Saudi-US ...

Forge Forward 2015 - Day One...

Business & Entrepreneurship in Saudi Arabia...

Gizmodo reported on Wednesday that a former Google engineer is suing the company for discrimination, harassment, retaliation, and wrongful termination ...Chevalier's posts had been quoting in Damore's lawsuit against Google, who is also suing the company for alleged discrimination against conservative white men ... “Firing the employee who pushed back against the bullies was exactly the wrong step to take.” ... But the effect is the same....

OSLO. Sea levels will rise between 0.7 and 1.2 metres in the next two centuries even if governments end the fossil fuel era as promised under the Paris climate agreement, scientists said on Tuesday ...Ocean levels will rise inexorably because heat-trapping industrial gases already em­­itted will linger in the atmosphere, melting more ice, it said. In addition, water naturally expands as it warms above four degrees Celsius (39.2F) ... ....

The woman tasked with caring for accused Florida shooter Nikolas Cruz and his brother have moved quickly to file court papers seeking control of their inheritance the day after the massacre at Majory Stoneman Douglas High School, Newsweek reported. When the mother of Nikolas and Zachary Cruz died from flu-related pneumonia last November, their lives were entrusted to Roxanne Deschamps, the report said....

Special CounselRobert Mueller's probe is prepared to accept a guilty plea from the London-based son-in-law of a Russian businessman after he made false statements during the investigation into alleged Russian interference in the 2016 U.S. presidential election, according to the Washington Post... Tymoshenko was later imprisoned by former president Viktor Yanukovych after signing a controversial deal with Russia for natural gas ... U.S ... U.S....

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She highlighted the ArabFashionCouncil’s plan of “using fashion as cultural diplomacy, to really bring together the Arab nations, and the opportunity to open the region to international business” ... The British Fashion Council will help the AFC to create a strategy to support young Saudis that want to be involved in the fashion business – to open doors and create a sustainable fashion system for them....

“It is a resolution about the extension of the working group, not about Iran. So we should concentrate on extending the working group first,” he added. Nebenzia&nbsp;was referring to the working group of independent experts who oversee the implementation of sanctions against Yemen... Yemenis inspect the debris of houses destroyed by Saudi-led airstrikes in the capital city of Sana'a on August 25, 2017....

On February 28, Basra will host a friendly between Iraq and SaudiArabia -- the first Saudi national team to play on Iraqi soil in four decades. "Politics is present in every domain, and Saudi Arabia has major political weight," Sports and YouthMinister Abdulhussein Abttan told AFP in an interview at the international stadium of Najaf, south of Baghdad. "The presence of the Saudi team in Iraq means a lot to us."....

The probe will focus on the opportunities and risks posed to consumers, businesses and the government by the rising popularity of so-called cryptocurrencies, the committee said in a statement ...SaudiArabia warns against investment in initial coin offerings ... The inquiry will consider whether the government is striking the right balance between protecting customers and businesses without stifling innovation....

Prominent rights groups have strongly censured Bahrain&nbsp;for handing down a five-year jail term to top human rights activist Nabeel Rajab for criticizing the regimes in Manama and SaudiArabia, a ruling which also sparked angry public protests at home... On March 14, 2011, troops from Saudi Arabia and the United Arab Emirates were deployed to assist Bahrain in its crackdown....

In 1972, Sheik Ahmed Yamani, then the oil minister of SaudiArabia, commented to the Chairman of Exxon that “the United States cannot take an oil supply shut down”, knowing well that there was no spare capacity anywhere else in the world. The honorable minister may not have imagined that four decades later, the rest of the world would be asking Saudi Arabia if it can take an oil demand shut down....

Turnbull is bringing the most senior Australian political and business delegation ever to visit the United States in a trip aimed at building stronger relationships with America's governors ... Turnbull is bringing the most senior Australian political and business delegation ever to visit the United States in a trip aimed at building stronger relationships with America's governors.(Franck Robichon/PoolPhoto via AP, File)....

BEIJING, Feb ...CurrencyUnitCentral parity rate in yuan. U.S. dollar100 635.30. Euro 100 779.66. Japanese yen 100 5.9040 ... Saudi riyal 59.037 100 ... dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day ... in international foreign exchange markets on the same business day ... ....

An Egyptian working in SaudiArabia is in Kollam for the last 20 days struggling to retrieve his money to the tune of Rs 50 lakh allegedly swindled by three Keralites... I cannot go back to Saudi Arabia since I would land in jail as the dealings were at my own ......